Energy Audit for Energy Efficiency

Every industry or commercial undertakings need a specific amount of energy to undertake the process and operations. It could be in the form of electrical energy, thermal energy or any other forms of energy use. During good old days, when energy was in surplus, no one cared about designing the system to minimise the energy use. In addition to this, designers used to take huge safety margins on one side and extra precaution on initial capital investment on the other, which also led to extra amount of energy consumption to undertake a specific task. However, the situation has changed now dramatically. Energy is a scarce resource now and the increment in energy cost is too steep. Global market is facing a period of recession. The Asian market is one of the worst affected. There was a feeling among the industry that the period of recession will pass off in a limited time and adopted a wait and watch approach. Industry was sleeping during this period, without any extra activity other than pulling on normal routine job. However, recession is still continuing unfortunately and survival becomes a question mark in front of most of the industries that were enjoying a very comfortable position earlier. Under such a scenario, competitive pricing strategy is the only option for survival. To cut price, the cost of production needs to be reduced. The energy cost is 5 to 25% or even more in Indian Industry. With steep increase in energy cost, it has become one of the most important cost components of production in any type of industry. So, cost reduction in energy or in other words reduction in energy consumption is of prime importance for survival of industry. It is the time for change and closer of many of the traditional industries of India is as a result of reluctance to adapt and change in tune with the current scenario.